Cleaning & Restoration Breaking News

Retail Gas Price Up First Time in 10 Weeks

January 11, 2005
/ Print / Reprints /
ShareMore
/ Text Size+
WASHINGTON (Reuters) - U.S. retail gasoline prices increased for the first time in 10 weeks, while truckers saw their diesel fuel costs drop for a second week, the Energy Department said on Monday.

The national pump price for regular unleaded gasoline rose 1.5 cents over the last week to $1.793 a gallon, up 23 cents from a year ago, according to a survey of service stations by the U.S. Energy Information Administration.

The EIA, the Energy Department's analytical arm, also said the average price for diesel fuel fell 2.3 cents to $1.934 a gallon, the lowest in almost four months, but up 38 cents from a year ago.

The price of crude oil, which is up about $3 a barrel over the last week, affects gasoline and diesel fuel costs. In futures trading at the New York Mercantile Exchange oil settled down 10 cents to $45.33 a barrel on Monday, after soaring almost $2 earlier in the day.

The EIA's weekly survey showed the retail price for cleaner-burning reformulated gasoline, sold in polluted metropolitan areas, fell a penny to $1.838 a gallon.

The West Coast had the most expensive regular unleaded gasoline, with the price down 4.1 cents to $1.889 a gallon. Los Angeles was at the top of the agency's survey of cities, with the price of gasoline down 2.9 cents to $1.963 a gallon.

Gulf Coast states had the cheapest fuel, with the price up 2.8 cents to $1.699 per gallon. Among major U.S. cities, Houston had the lowest pump price, with fuel up 1.2 cents to $1.643 a gallon.

The weekly report also showed gasoline prices were down 1.7 cents to $1.91 in Miami, down 1.6 cents to $1.864 in New York City, up 6.5 cents to $1.844 in Chicago, up 6.8 cents to $1.824 in Cleveland and down 3.6 cents to $1.786 in Seattle.

Truckers in the New England states paid the most for diesel fuel, at $2.163 a gallon, down 1.7 cents from the prior week. The Gulf Coast states had the cheapest diesel at $1.876 a gallon, down 1.1 cents.

Did you enjoy this article? Click here to subscribe to i Cleaning Specialist Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

The 2014 Experience Conference and Exhibition

A look in photos at the 2014 Experience Conference and Exhibition, which was held from April 24-26 at the Embassy Suites Convention Center and Spa in Frisco, Texas.

Podcasts

Have a limited marketing budget but realize the importance of neighborhood marketing? Try doorknob hangers, a low-cost, yet highly effective way to drum up more business. In this episode, John Braun discusses the value of this tactic as well as what you should include on the materials you're hanging.
More Podcasts

ICS Cleaning Specialist Magazine

CoverImage

2014 September

The September issue of ICS features stories on moisture detection, disinfectant services, neighborhood marketing, then we discuss the last level of being phenomenal, and cool products.

Table Of Contents Subscribe

Social Media

Social media is a good way to regularly keep in touch and interact with current clients and reach potential ones. What social mediums do you use in your cleaning/restoration business?
View Results Poll Archive

THE ICS STORE

Get Paid! book cover
Get Paid! (ebook)
Over 30 authors – over 40 articles…from attorneys, contractors, consultants, instructors and others, both inside and outside the restoration industry. R & R, C & R and Cleanfax, opened their archives and gave us the best they had, other chapters were created just for the “Get Paid!” book and its readers. And every one of them has ideas for how to get paid what you are owed.

More Products

ICS DIRECTORY AND BUYING GUIDE

Director_Buyer.jpgThe premier resource and reference guide for the cleaning and restoration industries.

Click here to view

TRUCKMOUNT EQUIPMENT AND ACCESSORIES GUIDE

Truckmount.jpgEquipment listings and specifications from the leading industry manufacturers.

Click here to view

STAY CONNECTED

facebook_40.png twitter_40px.png youtube_40px.pngcrc logo